All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: BGR who wrote (12822)	2/24/2000 10:48:00 PM
From: pater tenebrarum	Read Replies (1) of 42523

i told you NOT to try to explain it. you're wasting bandwidth as they say. as for the U.S. stock market, you may not have noticed it, but THE MARKET as a whole is in precipitous decline since April '98. the handful of stocks holding up the indices in the meantime see their number dwindle by the day...as evidenced by the fact that only the speculators paradise Nasdaq is still holding up. perhaps YOU should look at a few charts. as for the dollar...i have no doubt that it will plummet eventually. the imbalances are simply too great...a current account deficit of 400 billion AND a strong currency can not be sustained forever, especially when the central bank is printing like there's no tomorrow. the ECB shows a lot more restraint, as evidenced by money supply growth in the Euro-zone. it is too fast, but not as fast as in the U.S. and btw, it's not our fault that you can't recognize a speculative mania. that's YOUR problem. you don't have to read this thread if you don't like it.

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